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Austin: 110K Square Foot Office/Retail Building Proposed for Near East Side

Featured Photo (above): Aquila Commercial proposes building a five-story, 110,000-square-foot office complex with retail/restaurant space on the northwest corner of this undeveloped tract at East 7th Street and San Marcos Street. Image: Google Streets

Posted: 1-14-20

By Edmond Ortiz

Austin (Travis County)Aquila Commercial LLC is proposing to construct a 110,000-square-foot, five-story office building with 10,000 square feet of ground-floor retail/restaurant space in East Austin.

Preliminary plans filed with the Austin Development Services Department in late December show the new building pitched for 924 E. 7th Street would include an underground parking garage.

Dallas-based firm Beck Group is slated to be the project designer and builder. No conceptual renderings or site plan is available.

Information on an estimated construction cost or timeline has not yet been made available, but representatives for the developer have indicated that construction could begin late this summer.

The previous owner of the property had proposed building a 29-story hotel on the site, but those plans fell through.

924 East 7th Street and adjacent lots owned by 7th & San Marcos LLC. Google Map/Graphics by A.Pesquera

Travis Central Appraisal District records list the owner of the lot as 7th & San Marcos LLC, a Texas registered limited liability company controls four contiguous lots that extend from the corner of East 7th at San Marcos Street to a lot cater-corner to El Milagro Tortilla. 7th & San Marcos LLC acquired the property March 2019.

The four lots comprise a single lawn bordered by a single chain-link fence. If all four lots are included in the project, it has a total area of slightly more than six-tenths of an acre.

The lots are bordered to the north by a paved alley.

Based in Austin, Aquila developed an office complex at 2010 E. Sixth St. that was completely leased by GoDaddy Inc. Beck Group built and designed that structure.

Aquila’s project at 924 E. Seventh would add to the flurry of commercial construction activity in East Austin, where developers are seeing more opportunities to build new Class-A office space on property that’s less expensive than in downtown.


edmond@virtualbx.com

Related Images

Construction Preview
By |2020-01-15T08:17:24-06:00January 14th, 2020|Construction Preview, Feature Story|

About the Author:

Edmond Ortiz is a lifelong San Antonian and a 20-plus-year veteran in local journalism, He previously worked full-time at the San Antonio Express-News, and has been freelancing for outlets such as the Rivard Report.

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